Taos, NM—87529
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Taos, NM
Home Price Trends — Taos, NM
As of Oct '25, the median home price in Taos, NM is $487,000, with a year-over-year change of -4.5%. This indicates that home prices in Taos, NM are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $487,000 | -4.5% |
| Single Family | $509,000 | -3.8% |
| Condos | $307,000 | 8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Taos, NM
Taos, NM lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Taos, NM
As of Oct '25, Realtor.com reports that the median days on market for a home in Taos, NM is 88. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $580,000 | 2.0% |
Listing Count | 51 | 85.0% |
| Listings as % of Homes | 1.2% | 85.0% |
Days on Market | 88 | -37.0% |
Demographics — Taos, NM
As of the latest ACS Survey released in 2023, Taos, NM has a population of 4,870, which has increased by 5.1% over the past 5 years. Taos, NM is a less popular place for families, as children make up 11.0% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,870 | 5.1% |
% Under 18 | 11.0% | -22.5% |
% Seniors | 31.6% | 23.0% |
% WFH | 16.1% | 23.8% |
% w/ College Degree | 39.4% | 13.2% |
As of the latest ACS Survey released in 2023, Taos, NM is a predominantly white area, with 55.8% of the population identifying as white. The white population has grown by 15.8% in the last 5 years. The second most common race or ethnicity in Taos, NM is hispanic, making up 32.4% of the population. Foreign-born residents account for 6.9% of the population in Taos, NM, and this percentage has decreased by 12.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.8% | 15.8% |
% Black | 0.0% | N/A |
% Hispanic | 32.4% | -35.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.9% | -12.7% |
Mortgage and Risk — Taos, NM
According to HUD data as of 2023, there were 53 mortgage originations in Taos, NM, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Taos, NM. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 23.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Taos, NM
Taos, NM lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 39 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,160 |
| 2 Bedroom | N/A | N/A | $1,330 |
| 3 Bedroom | N/A | N/A | $1,700 |
| 4 Bedroom | N/A | N/A | $2,230 |
Affordability — Taos, NM
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $487,000 |
| Median Household Income | $68,400 |